Westpac extends branch closure moratorium, launches community banking pilot

📰 Supporting Regional Australia Great news today! We're reinforcing our commitment to regional Australia with two key announcements: • Extended Moratorium: Westpac's moratorium on regional branch closures has been extended through to 2030. • New Pilot Program: We're launching a Community Banking Service pilot (starting early next year in Dungog, Bulahdelah, and Manilla) to bring more face-to-face support to regional communities

Wealth isn’t just about numbers; it’s about legacy. In this week’s Business Q&A, Bodibe Sebolai, Head of Customer Value Proposition at Nedbank Private Wealth, shares how our Family Banking and NextLegacy strategies are helping families bridge generational gaps, protect their wealth, and build lasting impact. #ConnectedWealth

🤝 ADVANTAGE is thrilled to announce an expanded partnership with the Community Bankers Association of Illinois (CBAI)! Together, we’re delivering modern tools, proven expertise, and measurable results that help Illinois community banks grow responsibly, operate efficiently, and strengthen the customer relationships that define community banking. “CBAI has been an incredible advocate for the community banking industry,” said John Cohron, Chief Executive Officer of ADVANTAGE powered by JMFA. “This expanded partnership is about more than products, it’s about empowering community banks with the resources and technology to grow income, streamline operations, and deliver the kind of personalized service their customers depend on.” ➡️ Read the press release: https://lnkd.in/gbv4z8kA #CommunityBanking #CBAI #ADVANTAGE #BankGrowth #Partnership

Lloyds Banking Group, NatWest, Barclays, Nationwide, and Santander expand on Shelter's partnership with HSBC to scale financial inclusion in the UK. Read more ➡️ https://lnkd.in/dJKsbhpf

We’re proud to announce our partnership with TD Bank Group, the first Canadian bank to offer Empathy’s Loss Support product to its clients. For most families, their bank is a trusted presence through every milestone — from the first paycheck, to buying a home, to planning for the future. That trust shouldn’t end when someone passes away. Through this collaboration, TD clients across Canada now have access to our Loss Support program, offering both practical guidance and emotional care: from help with paperwork and benefits to personalized support and resources for coping with grief. As our Co-Founder & CEO, Ron Gura, shares: “By combining TD’s reach and experience with Empathy’s human care and technology, we’re reshaping what banking can mean for families, helping simplify what’s complicated while showing that a bank can be both financially smart and deeply human.” A meaningful step in our mission to bring compassionate, technology-driven support to the systems people rely on, delivering care and innovation where it matters most.💚 Read more here: https://empthy.co/47QX68R #EmpathyPartnerswithTD

As the daughter of someone who spent his entire career in commercial banking, I can tell you the “everyday” banks we all deal with in our personal lives are constantly innovating and evolving, and the folks working the branches genuinely care for their customers. It’s also no secret that loss brings more than emotional and logistical burdens…the financial strains are very real. With all this in mind, I’m proud, excited, thrilled to share that Empathy is collaborating with its first bank in Canada, TD Group, to bring post-loss support to their customers. Through this partnership, eligible TD Canadian clients will have access to Empathy’s Loss Support product, combining guided technology with a human touch to make one of life’s hardest moments a little easier. Partnerships like this show what happens when innovation meets compassion: a financial institution that not only manages wealth, but also supports their clients through the deepest periods of need. Grateful to our partners at TD for helping redefine standards of customer empathy for even more financial institutions, and to our team at Empathy for continuing to expand where and how care can show up. Read the full story: https://lnkd.in/edhVS4fG #empathy #TD

At Empathy, we build products that make life’s hardest moments easier to navigate. Our new collaboration with TD, our first partner in banking (!), expands that mission into a new space - helping financial institutions support families and individuals with care as they manage the many challenges that follow loss. Through this partnership, TD’s eligible Canadian clients will have access to Empathy’s Loss Support product, combining human guidance, automation, and personalization to reduce complexity and bring compassion into a process that’s often overwhelming. A meaningful step toward bringing compassion into more of the moments, and industries, that shape our lives. Read more about the partnership here: https://lnkd.in/dRR-5HCH

When $124 trillion is set to change hands, the institutions that show up during loss will define the next generation of loyalty. This partnership is an important signal of where the industry is heading. Banks and wealth managers are rethinking how they show up for families during life’s most complex moments, and the data is impossible to ignore: - Families face 420+ hours of administrative burden after a loss. - 80% worry about making irreversible mistakes, especially with benefits, insurance, and assets. - During the $124T wealth transfer, the moment of loss is one of the biggest drivers of client attrition. - In fact, 70–90% of heirs switch institutions. Empathy’s collaboration with TD is a blueprint for how institutions can protect relationships, deepen trust, and support the next generation at a moment when it matters most. Proud of this team and the work happening behind the scenes to reshape what modern financial care looks like. 💜 #WealthManagement #ClientExperience #ClientRetention #CustomerLoyalty #GreatWealthTransfer #NextGenWealth

ANZ has stripped former CEO Shayne Elliott of $13.5m in bonuses after regulatory failings, while most senior executives had their bonuses marked down to zero. Banking: https://bit.ly/4hNDqak

I'm thrilled to celebrate Scotiabank's launch of our modernized U.S. Cash Management platform—a major leap forward in how we serve businesses across North America. Powered by our advanced, cloud-based ScotiaConnect® platform, this milestone is all about making it easier, faster, and safer for our clients to manage and move money, especially when growth takes them across borders. In today's fast-moving market, our upgraded offering delivers real-time visibility, streamlined payments and receivables, and self-serve features crafted for corporate and commercial clients. A huge thank you to our clients for your partnership and trust, and to our amazing team for bringing this vision to reality. Together, we're unlocking new opportunities and strengthening the North American trade corridor. Learn more: https://lnkd.in/e4KkAm3B